Update 1/9/2011

STI shot up to its recent high in the morning, but then started to tumble at arround 3pm.

Entry Level:

Yangjizing 1.17
SGX 6.97
Capitaland 2.57

Expect these levels to be reached again tomorrow.

Took very bad decisions on the 2 best day: 29th Aug, Mon & 31st Aug Wed.

Sold off NOL and Sembcorp Marine, when these two were the best performer.

Lessons learned:

1. When reversal is taking place, those stocks that have been very OVER-SOLD will rebound the strongest. HOLD them, do NOT sell them off!!!

2. Missing out just the BEST 2 days could have a big effect on your portfolio - be vigilant, write-down plans, because when strong rebound comes it happens VERY fast!!!

31 Aug 2011 - last day of Aug

STI up > +3%, possible reasons:

1. yesterday was a holiday, when HSE actually was up 1.7% - so STI playing a catch-up. Within the same months STI has shown similiar pattern of playing a catch-up, the other instance was during 10 Aug (9 Aug was a public holiday), where STI went down while other market was up.

2. Today is the last day of trading month, many players could be closing the books


Expect some profit taking tomorrow.

Today STI rallies, from morning till 3pm the STI was hovering arround @ 1791 (+1.58%). Seems like people are jumping back to stocks, or it could be that due to month-end-closing.

So got to still be careful within these few days...tomorrow is Hari Raya holiday, so STI is closed and we are left with only Wed, 31 Aug for end-of-month closing.

Sembcorp Marine could have hit bottom at 3.66, it has been going up these past 2 days.

STI unexpectedly dropped > -1.43%

The news on slower growth in Euro and markets in Euro down more than -1.25% to -2.28% could have triggered the late sell-off.

Sembcorp Marine got a sudden big sell-off, down -5.19%

STI 2796 (recent low) to 2832 (now) = 36 points, a mere +1.29%

If Euro or US markets are not dropping more than 1% tonight, STI should find some supports tomorrow at current level.

Market Routs Aug 2011

DOW
Aug 3 to Aug 4 (1 day), -513 points (-4.13%) : 11896 to 11383
Aug 10 to Aug 12 (2 days), +550 points (+5.13%): 10719 to 11269

Aug 3 to Aug 10 (5 days), 1177 points (-9.89%): 11896 to 10719
Aug 3 to Aug 12 (7 days) , -627 points (-5.27%): 11896 to 11269


HSI
Aug 4 to Aug 5 (1day), -938 points (-4.29%): 21884 to 20946
Aug 9 to Aug 15 (4days), +930 points (+4.81%): 19330 to 20260

Aug 4 to Aug 9 (3days), -2554 points (-11.67%): 21884 to 19330
Aug 4 to Aug 15 (7days), -1624 points (-7.4%): 21884 to 20260


STI

Aug 4 to Aug 5 (1day), -113 points (-3.64%): 3107 to 2994
Aug 11 to Aug 15 (2days), +78 points (+2.79%): 2796 to 2874

Aug 4 to Aug 11 (4days), -311 points (-10%): 3107 to 2796
Aug 4 to Aug 15 (6days), -233 points (-7.5%): 3107 to 2874

*** 9 Aug national day of SG: on 10th Aug STI dropped (catching up the down trend, in term of comparative PE valuation) while other markets already rebounded



FTSE 100
Aug 3 to Aug 4 (1day), -191 points (-3.42%): 5584 to 5393
Aug 10 to Aug 12 (2days), +313 (+6.25%): 5007 to 5320

Aug 3 to Aug 10 (5days), -577 points (-10.33%): 5584 to 5007
Aug 3 to Aug 12 (7days), -264 points (-4.73%): 5584 to 5320


Conclusion:
1. all 4 markets have about the same maximum down of between -9.89% (DOW) to -11.67%(HSI)
2. FTSE 100 rebounded strongest only down -4.73%, while STI worst still down -7.5%
3. STI and HSI are closer to each other, down about -7.5%
4. STI has lowest number of days (only 2) of up-trend from bottom

Looks like there are still some upside to HSI and STI at the moment.

Capitaland could rebound stronger:
Aug 4: 2.80
Aug 15: 2.58
Still down -0.22 (-7.86%)

SGX
Aug 4: 7.33
Aug 15: 7.02
Still down -0.31 (-4.23%)

SembMar
Aug 4: 5.17
Aug 15: 4.43
Still down -0.74 (-14.31%)



Things to note on 16th Aug:
1. Remember to take profits
2. Think carefully on what to hold overnight!!! Consider NOT holding any!